Skip to main content
Livermore
Livermore
ZHEN

Point72 Hong Kong Ltd

SEC CIK
0001599822
Latest filing
Nov 14, 2025

The latest 13F from Point72 Hong Kong Ltd covers Q3 2025 (filed Nov 14, 2025): 428 long positions worth $2.17B. The top 10 holdings make up 43.3% of the portfolio, and the largest is NVIDIA Corp (NVDA) at 11.6%. Livermore has 19 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q3 2025

Share counts compared with Q2 2025: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
245
Est. +$824.7M
Added
92
Est. +$665.8M
Reduced
91
Est. −$241.4M
Sold out
244
Est. −$596.8M

Top 5 holdings

Share of this quarter's portfolio value

  1. NVDANVIDIA Corp
    11.6%$250.2MHistory
  2. PDDPDD Holdings Inc.
    9.6%$208.5MHistory
  3. PONYPony AI Inc.
    5.7%$124.2MHistory
  4. WWWWolverine World Wide Inc
    4.0%$87.3MHistory
  5. ASAmer Sports, Inc.
    2.9%$63.4MHistory

Share of portfolio

Top 5 holdings and the other 423 positions, by share of portfolio value

  1. NVDA11.6%
  2. PDD9.6%
  3. PONY5.7%
  4. WWW4.0%
  5. AS2.9%
  6. Other 423 positions66.1%

Biggest buys

New and added positions, by estimated amount bought

  1. NVDANVIDIA Corp
    +$160.0MAddedHistory
  2. PDDPDD Holdings Inc.
    +$142.4MAddedHistory
  3. PONYPony AI Inc.
    +$124.2MNewHistory
  4. WWWWolverine World Wide Inc
    +$87.3MNewHistory
  5. WRDWeRide Inc.
    +$47.9MAddedHistory

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. NVDANVIDIA Corp
    +6.26 pp5.3% → 11.6%History
  2. PDDPDD Holdings Inc.
    +6.00 pp3.6% → 9.6%History
  3. PONYPony AI Inc.
    +5.74 pp0.0% → 5.7%History
  4. WWWWolverine World Wide Inc
    +4.03 pp0.0% → 4.0%History
  5. WRDWeRide Inc.
    +2.21 pp<0.1% → 2.2%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. FUTUFutu Holdings Ltd
    −$74.8MSold outHistory
  2. TPRTapestry, Inc.
    −$44.7MSold outHistory
  3. HSAIHesai Group
    −$28.1MSold outHistory
  4. ABBVAbbVie Inc.
    −$22.4MSold outHistory
  5. INTCIntel Corp
    −$22.3MSold outHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. FUTUFutu Holdings Ltd
    −5.18 pp5.2% → 0.0%History
  2. TPRTapestry, Inc.
    −3.09 pp3.1% → 0.0%History
  3. HSAIHesai Group
    −1.95 pp1.9% → 0.0%History
  4. QFINQfin Holdings, Inc.
    −1.90 pp2.8% → 0.9%History
  5. COHRCoherent Corp.
    −1.60 pp3.0% → 1.4%History

Metrics

13F metrics for Q3 2025, computed only from the numbers in the filings. Definitions below.

Portfolio value
$2.17B
+$722.4M (+50.1%) vs. prior quarter
Positions
428
+1 vs. prior quarter
Top 10 concentration
43.3%
Top 10 as share of value
Turnover
46.5%
Q3 2025, one quarter
Average holding period
2.1 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

19 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $2.17B (Q3 2025)

Q1 2021: $1.24BQ2 2021: $1.45BQ3 2021: $1.30BQ4 2021: $1.19BQ1 2022: $1.09BQ2 2022: $1.55BQ3 2022: $1.66BQ4 2022: $304.9MQ1 2023: $410.4MQ2 2023: $335.2MQ3 2023: $358.9MQ4 2023: $1.62BQ1 2024: $1.98BQ2 2024: $1.64BQ3 2024: $1.39BQ4 2024: $1.60BQ1 2025: $1.40BQ2 2025: $1.44BQ3 2025: $2.17B
Q1 2021Q3 2025
13F filings of Point72 Hong Kong Ltd by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q3 2025Nov 14, 2025428$2.17BNVDAPDDPONYvs. Q2 2025SEC
Q2 2025Aug 14, 2025427$1.44BNVDAFUTUASvs. Q1 2025SEC
Q1 2025May 15, 2025450$1.40BTPRFUTUVNETvs. Q4 2024SEC
Q4 2024Feb 14, 2025372$1.60BNVDAFUTUTPRvs. Q3 2024SEC
Q3 2024Nov 14, 2024427$1.39BJDNVDAJOYYvs. Q2 2024SEC
Q2 2024Aug 14, 2024419$1.64BNTESEDUJOYYvs. Q1 2024SEC
Q1 2024May 15, 2024507$1.98BEDUPDDJOYYvs. Q4 2023SEC
Q4 2023Feb 14, 2024570$1.62BEDUCLSPDDvs. Q3 2023SEC
Q3 2023Nov 14, 202339$358.9MBABANVDAVIPSvs. Q2 2023SEC
Q2 2023Aug 14, 202339$335.2MNVDAVIPSEDUvs. Q1 2023SEC
Q1 2023May 15, 202334$410.4MBABABIDUBEKEvs. Q4 2022SEC
Q4 2022Feb 14, 202335$304.9MBABAJOYYPDDvs. Q3 2022SEC
Q3 2022Nov 14, 20221,357$1.66BJOYYVIPSBABAvs. Q2 2022SEC
Q2 2022Aug 15, 20221,418$1.55BVIPSJOYYBABAvs. Q1 2022SEC
Q1 2022May 16, 20221,300$1.09BSPYNTESJDvs. Q4 2021SEC
Q4 2021Feb 14, 20221,298$1.19BXPEVNTESSPYvs. Q3 2021SEC
Q3 2021Nov 15, 20211,325$1.30BTALHTHTPDDvs. Q2 2021SEC
Q2 2021Aug 16, 20211,326$1.45BNKETCOMIQvs. Q1 2021SEC
Q1 2021May 17, 20211,246$1.24BBIDUSPYTME–SEC

13D and 13G filings

Companies where Point72 Hong Kong Ltd reports owning 5% or more on Schedule 13D or 13G, and its latest filings.

Current stakes of 5% or more

Point72 Hong Kong Ltd does not currently report owning 5% or more of any company.

Latest filings

2 filings on file made by Point72 Hong Kong Ltd or listing it as a reporting person, newest first.

Schedule 13D and 13G filings by Point72 Hong Kong Ltd
CompanyFiled (ET)FormStakeChangeEvent dateFiling
HUYAHUYA Inc.Feb 14, 202413G/AOld format–––SEC
HUYAHUYA Inc.Dec 28, 202313GOld format–New–SEC